Malaysian-based investment holding company, Catcha Digital’s wholly-owned subsidiary iMedia Asia, has announced its acquisitions in Ittify and Headline Media to improve the company’s profitability.
KUALA LUMPUR: Catcha Digital Bhd's wholly-owned subsidiary iMedia Asia Sdn Bhd will be making equity acquisitions in two companies that are expected to improve the profitability of the group.
Malaysia-based investment holding company, Catcha Digital is set to lift its Guidance Note 2 (GN2) status after successfully raising RM29.7 million through the Rights Issue exercise as it looks toward growing and expanding its business in Southeast Asia.